Reader Comments (2)

Interesting that the US (which has just passed legislation to dramatically reduce corporate taxes) Canada, which has had very low tax rates on Canadian Controlled Private Corporations for years and the rates are decreasing annually, and EU countries with low tax rates are not on that list.

In addition, if the EU wants to fight these issues, perhaps it should pass legislation whereby companies that are essentially EU based must pay taxes in the EU on the profits they earn in these tax havens, so that the flight to tax havens stops because there is no benefit. That would be quite an easy process, have great effect, plus increase the tax revenues to the EU countries.